PPP with DoD and Price Floor of US$110 for NdPr

https://mpmaterials.com/news/mp-mat...ccelerate-u-s-rare-earth-magnet-independence/

This seems like a great deal for MP.

And best of all...it sets a new benchmark for Ex-China NdPr pricing.....This should se a flurry of deals signed in haste for other rare earth companies.
It has all sorts of implications across the RE Sector: Will Peak shareholders still be satisfied with the Shenghe bid ~ I doubt it. Will Western mines still want to sell their product to China ~ I doubt it. Will it create a glut in the other RE's therefore depressing overall prices ~ possibly. Will Myanmar ask for better prices, thus a flow back effect into China ~ most certainly.
 
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